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The differences between property managers and acquisitions managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a property manager and an acquisitions manager. Additionally, an acquisitions manager has an average salary of $97,768, which is higher than the $49,958 average annual salary of a property manager.
The top three skills for a property manager include customer service, property management and financial reports. The most important skills for an acquisitions manager are due diligence, project management, and digital marketing.
| Property Manager | Acquisitions Manager | |
| Yearly salary | $49,958 | $97,768 |
| Hourly rate | $24.02 | $47.00 |
| Growth rate | 3% | 3% |
| Number of jobs | 15,402 | 9,054 |
| Job satisfaction | 5 | 5 |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 71% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
Property managers are responsible for overseeing the real estate properties of their clients. They manage property rentals and leasing and ensure that the terms on these rentals are by what the owner is amenable to. Property managers act as the representative of their client during negotiations and deals. They also set rental prices and other finance-related items since they are familiar with how the market looks. Besides dealing with financial matters, they also manage administrative matters such as enforcing rules and policies, crafting reports, managing contractors, and drafting related documents.
Acquisition managers supervise a company's purchasing ventures. They are responsible for discovering and analyzing possible purchase deals, arranging the purchase terms and contracts, implementing and completing the purchase. They work in multiple industries, generally labor 40 or more hours a week in an office domain, and may need to travel occasionally. Employers look for candidates with strong leadership, negotiation, analytical, finance, and computer skills. Preferred individuals are those who have undergone project management and has training in areas such as mergers and acquisition, consulting, and corporate development.
Property managers and acquisitions managers have different pay scales, as shown below.
| Property Manager | Acquisitions Manager | |
| Average salary | $49,958 | $97,768 |
| Salary range | Between $34,000 And $72,000 | Between $65,000 And $145,000 |
| Highest paying City | New York, NY | Hartford, CT |
| Highest paying state | New Jersey | Connecticut |
| Best paying company | Nokia | McKinsey & Company Inc |
| Best paying industry | Professional | Professional |
There are a few differences between a property manager and an acquisitions manager in terms of educational background:
| Property Manager | Acquisitions Manager | |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between property managers' and acquisitions managers' demographics:
| Property Manager | Acquisitions Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 38.1% Female, 61.9% | Male, 64.6% Female, 35.4% |
| Race ratio | Black or African American, 8.5% Unknown, 4.1% Hispanic or Latino, 17.6% Asian, 5.3% White, 63.9% American Indian and Alaska Native, 0.6% | Black or African American, 9.1% Unknown, 4.2% Hispanic or Latino, 16.6% Asian, 5.4% White, 64.2% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |